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XYZ Corporation has 150,000 common shares outstanding. The shares were selling at $30 each when management announced a three-for-two stock split. Which of the following
XYZ Corporation has 150,000 common shares outstanding. The shares were selling at $30 each when management announced a three-for-two stock split. Which of the following statements will be true when the stock split is accounted for?
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285868781, 978-1285868783
